Mathematics, 08.10.2020 07:01 challenggirl

Sarah knows that she needs $62,000 for 25% down payment on a house she can afford. She found an investment that earns 1.25% interest compounding monthly. How much should she put in the account now, rounded to the nearest dollar, to ensure she has the down payment?

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Sarah knows that she needs $62,000 for 25% down payment on a house she can afford. She found an inve...

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